China's realty player Country Garden plans $340m sukuk bond issue in Malaysia

China's realty player Country Garden plans $340m sukuk bond issue in Malaysia

Visual from the company website featuring Country Garden — Ten Miles Coast project at HK Shengzhen Metropolis International Coastal City

Chinese property developer Country Garden Holdings Company Ltd plans to issue up to MYR1.5 billion ($340 million) of medium-term Islamic bonds, or sukuk, through its Malaysian subsidiary, to finance the latter’s present and future investments.

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